The US Personal Consumption Expenditure (PCE) report is due on Friday, March 1. Ahead of the report, the crypto market was hit by a massive setback due to a delay in the anticipated rate cuts by the Federal Reserve. According to analysis by Jim Bianco, President and Macro Strategist at Bianco Research, Fed is unlikely […]
Bitcoin Price Prediction: Navigating $60,000-Bound Pre-Halving Rally As AUM Inflows Reach $570M
Bitcoin price prediction: BTC is maneuvering a critical range with demand at $50,800 and supply at $52,000. While dips are proving profitable, bulls have not been able to collect enough liquidity to sustain a steady uptrend. This can explain the current market doldrums keeping Bitcoin from breaking out a bullish rectangle pattern (to be discussed later). Bitcoin […]
Breaking: Michael Saylor’s MicroStrategy Buys $155 Million In Bitcoin
MicroStrategy’s executive chairman and co-founder Michael Saylor on Monday said the company has made a fresh purchase of $155 million worth of Bitcoins, increasing MicroStrategy’s BTC holdings to 193,000. This is a significant move by Michael Saylor ahead of Bitcoin halving and Bitcoin accumulation by spot Bitcoin ETFs. MicroStrategy Acquires 3000 Bitcoins According to a […]
Crypto Market Analysis As Metaverse Tokens Regain Momentum: THETA, MANA, APE
Crypto Price Analysis: On Monday, the cryptocurrency market witnessed a modest uptick marked by a 0.15% jump in the total market cap to currently stand at $1.98 Trillion. However, the leading digital asset, Bitcoin continues to prolong its sideways trend below the $53000 barrier waning the bullish momentum in the broader market. However, defying the […]
Why is Bitcoin Capped at 21 million? Satoshi Nakamoto’s Emails Reveal
Few questions in the world of cryptocurrency are as mysterious and long-lasting as the explanation for why Bitcoin has a maximum supply cap of 21 million tokens. Satoshi Nakamoto, the elusive founder of Bitcoin, provided clues through personal communication that offer insight into this critical choice. We will explore the insights from Nakamoto’s emails to […]
Bitcoin, ETH, XRP Saw $5.7 Bln Inflows Ahead Big Developments
The crypto market has witnessed a significant surge in investment, with major assets like Bitcoin, Ethereum, and XRP experiencing substantial inflows totaling $5.7 billion. The latest data from CoinShares’ Digital Asset Fund Flows Weekly Report sheds light on the ongoing momentum in digital asset investments, highlighting notable trends and developments driving investor interest. Crypto Market […]
Pandora Price: Why is PANDORA Rallying?
Interest from investors has been drawn to the new token Pandora (PANDORA) ,because of its incredibly rapid and substantial value growth since it was introduced on February 5th. Pandora’s price skyrocketed by 12,000% in just one week, reaching $32,000 per token. The unique factor that distinguishes Pandora is its utilization of ERC-404, an exceptional token […]
5 Rollups Tokens To Buy Before Ethereum Dencun Upgrade
The Ethereum Dencun update, set for March 13, promises to be a game-changer, propelling Ethereum past the $3,000 threshold amid a bullish market trend. This pivotal upgrade brings into focus five roll-up tokens: Arbitrum (ARB), Immutable (IMX), CKB, StarkNet’s (STRK), and Metis (METIS), which are poised for significant growth. These assets are at the heart […]
Terra Luna Classic Announces Major Core Upgrades, LUNC and USTC Price Jumps
Cosmos blockchain developer group has announced a major upgrade proposal to enhance the functionality and interoperability of the Terra Luna Classic chain. Genuine Labs’ security upgrade packages include strategic upgrades to Cosmos SDK, Ibc go, and Wasmd, improving and optimizing the components. LUNC development team Genuine Labs also announced completing the KYC requirement with Germany-based […]
BitForex Down: Crypto Operations Stop After Suspicious $56 Million Exit Scam
BitForex, one of the prominent cryptocurrency exchanges, has abruptly halted all withdrawals, leaving users in the dark about the reasons behind this sudden move. The exchange’s decision comes amidst alarming revelations of a staggering $56 million cryptocurrency outflow detected from BitForex’s hot wallets. Adding to the growing unease, BitForex has remained conspicuously silent, offering no […]